Breckpoint

Name

Breckpoint

Legal name

Breckpoint, Inc.

Website

https://breckpoint.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Self-Insured Insurance Administration

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Health and Welfare Funds (525120), Other Insurance Funds (525190)

SIC

Accident & Health Insurance (6321)

akta.pro primary industry

Self-Insured Workers’ Compensation Programs (FSAJAEAD)

akta.pro secondary industries

Group Pharmacy Benefit (Rx) Coverage & PBM-Integrated Plans (FSAIAFAN), Group/Employer-Sponsored Critical Illness & Hospital Indemnity (FSAIAKAD)

Keywords

• Self-funded insurance programs
• Captive insurance solutions
• Workers' compensation administration
• Alternative risk management
• Limited benefits administration

Headquarters

HQ city

Las Vegas

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Self-Insured Group Administration: Administration fees for managing self-insured workers' compensation groups in California, including claims oversight, risk management, financial auditing, and regulatory compliance services.
2. Captive Program Management: Fees for managing captive insurance programs including P&C and Employee Benefits lines. Clients may elect to share risk with a group while remaining individually protected. No capital requirements and lower than industry average collateral required.
3. Limited Benefits Programs: ACA compliance products, MEC enhanced products, dental and vision, limited indemnity, and Rx benefits offered as comprehensive employee benefit packages at reduced costs compared to traditional medical plans.
4. Medical Stop Loss: Stop-loss and reinsurance protection through Breckpoint Insurance Company, LLC for self-funded health and benefit plans. Provides reimbursement options for small to large groups.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Breckpoint is a self-funded insurance provider that delivers bespoke self-insurance programs across employee benefits and property & casualty lines, including Medical Stop Loss, Limited Benefits, Workers' Compensation Self-Insured Groups, Group P&C Captives, and industry-specific Captive Solutions. The company operates a Tennessee-domiciled captive facility (Breckpoint Insurance Company, LLC) and distributes exclusively through insurance brokers and agencies to remove barriers to self-funding for mid-sized and small employers in construction, transportation, healthcare, staffing, agriculture, and education.

Product overview

Breckpoint is a self-funded insurance provider offering a multi-product platform centered on self-insured and captive insurance solutions. The core offerings include Medical Stop Loss, Limited Benefits programs, Workers' Compensation Self-Insured Groups (SIGs), and Group P&C Captives, all supported by Risk Management services and client portals (Online Portal and MyBenefits Portal). The company operates industry-specific captive programs for Healthcare, Trucking, and Construction sectors, and manages multiple regional Self-Insured Groups in California (CAN, CAP, CLP, CFM) and broader SIGs (CTSA, EEWC, NCAD, FPCA, PAHC). The platform is structured around the Breckpoint Insurance Company captive facility (Tennessee-domiciled) and provides turnkey solutions for mid-size and small businesses seeking alternatives to traditional fully-insured insurance programs.

Differentiator

Problem solved

Functional benefit

Brands

• California Agricultural Network (CAN): Self-insured group for agricultural employers in California focused on growers, offering workers' compensation coverage.
• California Agricultural Products (CAP)
• California Livestock Producers (CLP)
• California Farm Management (CFM)
• California Truckers Safety Association (CTSA)
• Entertainment Employees Workers' Compensation Program (EEWC)
• Northern California Auto Dealers (NCAD)
• Food Products of California (FPCA)
• Pennsylvania Home Care & Human Services Workers' Compensation Trust (PAHC)
• Healthcare Captive
• Trucking Captive
• Construction Captive

Products and services

• Medical Stop Loss Self-funded medical stop loss coverage providing reimbursement protection for catastrophic claims, offered through Breckpoint Insurance Company, LLC (a Tennessee-domiciled captive facility) with reinsurance agreements with A-rated commercial reinsurers. Targeted at groups starting at 5 lives with no minimum employer contribution and Specific Advance Funding included on all policies at no cost.
• Limited Benefits Affordable alternative to traditional medical plans offering ACA Compliance Products (MEC and MVP), MEC Enhanced Products, Dental & Vision, Limited Indemnity, and Rx & Other Benefits including Virtual Urgent Care and Mental Health Tele-Therapy. Designed for small and mid-sized employers seeking cost-effective, ACA-compliant employee benefit packages.
• Workers' Compensation Self-Insured Groups (SIGs) California Workers' Compensation risk pools allowing employers to self-fund workers' compensation through Self-Insured Groups, including industry-specific groups such as the California Agricultural Network (CAN), California Agricultural Products (CAP), California Livestock Producers (CLP), California Farm Management (CFM), California Truckers Safety Association (CTSA), Entertainment Employees Workers' Compensation Program (EEWC), Northern California Auto Dealers (NCAD), Food Products of California (FPCA), and Pennsylvania Home Care & Human Services (PAHC). Provides greater flexibility, control, transparency, and long-term savings over traditional insurance.
• Group P&C Captives Hybrid group captive program offering Property and Casualty coverage including workers' compensation, auto liability, auto physical damage, and general liability. Clients share risk with a group while remaining individually protected, with no capital requirements and collateral below industry average. Minimum $250K premium eligibility across any or all lines, with industry-specific variants for Healthcare, Trucking, and Construction.
• Captive Solutions Bespoke captive solutions including Group Captives ($250K+ minimum premium), Single Parent/Large Client Captives ($1MM+ minimum premium), Agency Captives, Industry Specific Programs, and Employee Benefits Captives. Includes protected cell arrangements through Breckpoint Insurance Company, LLC for stop-loss, reinsurance, and protected cell structures with no capital requirements and collateral below industry average.
• Risk Management Full-spectrum safety training, consulting, accident investigation, ongoing training, and risk management services supporting SIG and captive members. Programs built from the ground up for member employers and delivered through the Risk Management division operating since 2003.

Quantifiable outcome

• Long-term savings over traditional insurance programs
• +4 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and major.

• Breckpoint Insurance Company, LLCcoreStrategic or Co-development PartnerAffiliated captive insurance company domiciled in Tennessee. Provides non-rated licensed captive insurance capacity for stop-loss, reinsurance, and protected cell arrangements. Has entered into reinsurance agreements with A-rated commercial reinsurers.
• A-rated Commercial ReinsurersmajorStrategic or Co-development PartnerReinsurance partners providing additional backing for programs under Breckpoint Insurance Company. Programs include annual independent audit and actuarial reviews.
• Third Party Administrators (TPAs)majorImplementation/ SI/ Consulting PartnerEach Self-Insured Group contracts with a Third Party Administrator to administer claims. TPAs report to the board and members regularly ensuring transparency.
• Independent Claims ConsultantsmajorImplementation/ SI/ Consulting PartnerEach Self-Insured Group contracts with an independent claims consultant to work with Breckpoint and the Third Party Administrator to oversee the claims process with an overall goal of superior claims performance.
• Excess Insurance CompaniesmajorStrategic or Co-development PartnerEach Self-Insured Group contracts with an excess insurance company for catastrophic claims or occurrences, which is a California requirement and creates a financial safety net for the group.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Amwins: Amwins is a leading specialty insurance wholesaler and program administrator operating across P&C and employee benefits, including structured risk and captive-adjacent solutions — overlapping with Breckpoint's broker-distributed specialty model.
• Acrisure: Acrisure is Breckpoint's parent company and one of the largest insurance brokerages in the U.S., offering risk advisory, reinsurance, and specialty solutions across P&C and employee benefits — overlapping significantly with Breckpoint's captive and self-funded products at a much larger scale.
• Tokio Marine HCC: Tokio Marine HCC is a specialty insurance group offering medical stop-loss, captive, and group benefits solutions — directly competitive with Breckpoint's stop-loss and limited benefits products.
• Berkshire Hathaway Homestate Companies: Berkshire Hathaway Homestate Companies is a major workers' compensation carrier serving mid-market employers across multiple states, providing a fully-insured alternative to Breckpoint's self-funded group captive approach.

Direct peers

• Skyward Specialty Insurance Group: Skyward Specialty is a specialty P&C insurer and program administrator focused on mid-market and industry-specific programs — comparable to Breckpoint's industry vertical captives in transportation and healthcare.
• ICW Group: ICW Group is a workers' compensation insurance holding company offering group-rated programs and risk-pooling options, directly analogous to Breckpoint's California-based SIG model.
• Safety National: Safety National is a specialty reinsurer and large-deductible workers' compensation provider serving mid-market and large employers through self-funded and captive structures — directly comparable to Breckpoint's self-funded WC and stop-loss offerings.
• Amtrust Financial Services: Amtrust is a specialty property/casualty insurer with a strong workers' compensation franchise and a focus on small and mid-market employers — competing with Breckpoint in WC, small commercial, and program-style risk financing.
• Huntington Capital (formerly known as TRISTAR Insurance Group): TRISTAR (now part of Huntington Capital) operates as a program manager and MGA in workers' comp, commercial, and benefits — comparable to Breckpoint's role as a program/captive administrator serving broker-distributed mid-market clients.
• York Risk Services Group (now part of Sedgwick): York Risk Services was one of the largest third-party administrators for self-insured workers' compensation groups in California — a near-direct functional peer to Breckpoint's SIG administration business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/breckpoint

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Breckpoint